Category Archives: News

Italy – Consob Bulletin on Substantial Shareholding Form 120 and SHINE Portal

On 8 June 2026, Consob issued its Form 120 (TR-1) substantial shareholding form in English and provided additional information for filing through the SHINE portal. Information contained in the Bulletin includes: An English translation of the new Form 120 (TR-1) Updated information on how to access the SHINE portal Updated contact information for queries relating…
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U.K. – FCA Publishes Instrument to Address Short Selling Rules

On 8 June 2026, the FCA released an instrument relating to Short Selling Regulations 2025 (SI 2025/29). Specific to short selling: regulation 5 (FCA rules relating to short selling of admitted shares and related transactions); and regulation 6 (FCA rules requiring notification of a significant net short position in the issued share capital of a…
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U.S. – SEC Seeks Comments on FINRA Proposed Changes to Short Selling Report

The U.S. Securities and Exchange Commission is seeking comments on a proposed rule change to amend FINRA Rule 4560 (Short Interest Reporting) and adopt FINRA Rule 4321 (Allocations of Fail to Deliver Positions). FINRA is proposing to require members to submit short interest reports on a weekly rather than a bi-monthly basis, and reduce the…
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Pakistan – CB Non-Resident Shareholding Reporting

On 25 May 2026, PAK CB issued requirements for authorized dealers. PAK CB required authorized dealers (ADs) to report monthly designation, share registration, dividend, and disinvestment transactions through prescribed data file structures via the Data Acquisition Portal. Reports must be submitted by the 5th working day of the following month. The requirements aim to streamline…
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